GameStop shares are falling on news of a share offering. Many pointed this out as a warning sign and continue to warn against investing in meme stocks.
U.S. stocks are poised for a cautious start on Friday as concerns about rising interest rates return. Traders are waiting for a significant catalyst to propel the market higher after its recent record run.
Rod Alzmann, founder of GMEdd.com, was a big supporter of GameStop when seemingly no one else was interested. Now that the stock is running wild, he's looking to put money to work elsewhere.